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Thursday, August 23, 2007

(1) Nifty Chart For 23/08/07



Nifty : (Todays Engulfing bearish pattern occurs during down trend and give some hope for bulls.) Our yesterday post… Nifty take our first support 4044 and turns up sharply .. Now for 23rd Nifty face first resistance at 4160 above 4160 strong resistance zone near 4248 to 4266.. Once break this resistance nifty go up for target of 4300/4325.. Still Daily chart bearish ,So caution at every higher level .. Supports for down side at 4144/4115/4085/Strong support zone at 4019 to 3965..Trade with our Nifty cash buy sell level which are give above Nifty chart..

Posted by MY CHART at 8/23/2007 03:19:00 AM

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